Landmark Port City Colombo project signals new confidence in Sri Lanka’s luxury property market

Sri Lanka’s real estate sector is preparing for one of its biggest moments as Home Lands Group joins hands with cricket legend Mahela Jayawardene ahead of the grand launch of Central Park Boulevard Port City Colombo.

The partnership brings together two powerful Sri Lankan names: Home Lands, one of the country’s leading property developers, and Mahela Jayawardene, one of Sri Lanka’s most respected international sporting icons. For Sri Lanka, this is more than a real estate announcement. It is a strong message of confidence, ambition, and global positioning.

Central Park Boulevard Port City Colombo is being introduced as one of the most significant luxury developments in the country’s history. Located within Port City Colombo’s Central Park District, the twin-tower development will rise 37 levels and include more than 640 residential units. The project overlooks nearly 40 acres of green parkland and waterfront space, offering views of the Indian Ocean and Colombo’s evolving skyline.

The total project value is estimated at over US$300 million, while Home Lands’ own investment is reported at US$150 million. This makes it one of the largest real estate investments by a Sri Lankan developer. Even before the official launch, around 50% of the units have already been sold, showing strong buyer confidence in the project and in Port City Colombo’s future.

Mahela Jayawardene’s appointment as Brand Ambassador adds a special national and international appeal to the project. Known for leadership, discipline, consistency, and integrity, Mahela represents qualities that strongly connect with both Sri Lankan and overseas audiences. His involvement gives the project added visibility among Sri Lankans living abroad, foreign investors, and high-end property buyers looking at Colombo as an emerging luxury destination.

The Grand Launch Weekend of Central Park Boulevard Port City Colombo is scheduled from 12 to 14 June 2026 at Cinnamon Life at City of Dreams, Colombo. The event is expected to bring together business leaders, celebrities, investors, and distinguished guests from Sri Lanka and overseas. Following the launch weekend, the Central Park Boulevard Sales Gallery is expected to open on 15 June 2026, giving potential buyers and investors a closer look at the development.

This project also comes at an important time for Sri Lanka. After years of economic challenges, large-scale developments such as Port City Colombo can help rebuild investor confidence, attract foreign currency inflows, create employment, and position Colombo as a competitive regional hub for luxury living, finance, business, and tourism.

For Sri Lankans overseas, this story carries emotional and economic importance. It shows that Sri Lankan brands are not only recovering but also thinking globally. A Sri Lankan developer, a Sri Lankan cricket legend, and a landmark development inside Port City Colombo together create a story of national pride and future opportunity.

Home Lands and Mahela Jayawardene’s partnership is therefore not just about selling apartments. It is about promoting Sri Lanka as a destination for investment, lifestyle, and global recognition. As Colombo continues to transform, Central Park Boulevard Port City Colombo could become a symbol of the country’s next chapter: ambitious, modern, and ready to stand tall on the world stage.